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Chinese acrylic tow spot market stable
Sep '12
Acrylic tow spot market in China continues to remain flat as downstream manufacturers are buying goods only as per their immediate requirement.
High-end offers for 3D tow are currently in the range of 17,200-18,000 Yuan/ton, in terms of cash payment.
For 3D tops, high-end offers are in the range of 18,200-19,000 Yuan/ton, but the market is likely to see insufficient demand in near future.
The spot import market for acrylic fibre continues to consolidate and move sideways.
The ex-factory quotation of acrylic fibre is firm, but the market lacks enough demand and operation rate is lower.
At present, offers for acrylic fibre are temporarily stable in the range of US$ 2.4-2.45 per kg.

Fibre2fashion News Desk - China

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